Europe Breaking News: Brent Rises Near $107 on Egypt Emergency in Two Provinces

Brent crude rose towards $107 a barrel on Friday after Egypt's army announced a state of emergency in the provinces of Suez and South Sinai, pushing the price to its biggest weekly gain since last June. The announcement was made after Islamist gunmen attacked an airport in the Sinai town of El Arish, state newspaper Al-Ahram reported. But so far ports and shipping through the Suez Canal have been unaffected, local shipping agents said. Talk about feeling like royalty! The Royal Mint has announced that babies born in Britain on the same day as Kate Middleton and Prince William's little bundle of joy will be eligible to receive a special silver penny. After recent news of the shutdown of ESPN 3D in England, U.K. public broadcaster BBC, cited slow consumer adoption of the technology.
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